Already Second Highest In World, Australia’s Household Debt Problem To Get Worse

While the Assuies have not have a recession in 25 years, Australia’s household debt has long been a concern among many. Indeed, in 2016 JPMorgan called Australian housing shorts the new “ widow maker” as hedge funds were unable to profit off of the bearish bets. Specifically, Bloomberg noted at the time: sandid / Pixabay “Shorting…

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